I'm think the mag LED's are great lights during a blackout emergency
due to their longer runtime. A 3watt maglight drop in bulb would have
cost you $30 a couple of years ago. even a 1watt may have been that much.
I like the idea mr. cJ posted, using a mag on flood and a Cree for throw.

I compared my 3watt luxeon vs. the Cree P4 light I just got, both on 2aa's.
I like the wide floody sidespill of the mini mag. the Cree has a very distinct hot spot
and little sidespill.